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Saturday, April 18, 2009

Obama's promises

Few presidential candidates have made more specific promises to American voters than Barack Obama. They came so fast and furious in the latter part of the campaign, you'd be excused for not keeping up. So as a public service, we've put together a handy checklist of some of the biggest Obama promises — culled from his "Blueprint for Change," his campaign speeches and advertisements. Clip it. Save it. And see how he did in four years.

Taxes

• Give a tax break to 95% of Americans.

• Restore Clinton-era tax rates on top income earners.

• "If you make under $250,000, you will not see your taxes increase by a single dime. Not your income taxes, not your payroll taxes, not your capital gains taxes. Nothing."

• Dramatically simplify tax filings so that millions of Americans will be able to do their taxes in less than five minutes.

• Give American businesses a $3,000 tax credit for every job they create in the U.S.

• Eliminate capital gains taxes for small business and startup companies.

• Eliminate income taxes for seniors making under $50,000.

• Expand the child and dependent care tax credit.

• Expand the earned income tax credit.

• Create a universal mortgage credit.

• Create a small business health tax credit.

• Provide a $500 "make work pay" tax credit to small businesses.

• Provide a $1,000 emergency energy rebate to families.

Energy

• Spend $15 billion a year on renewable sources of energy.

• Eliminate oil imports from the Middle East in 10 years.

• Increase fuel economy standards by 4% a year.

• Weatherize 1 million homes annually.

• Ensure that 10% of our electricity comes from renewable sources by 2012.

Environment

• Create 5 million green jobs.

• Implement a cap-and-trade program to reduce greenhouse gas emissions.